Chesterton Tribune

 

 

Report Steel imports inched up in January

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Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) is reporting that the U.S. imported a total of 2,769,000 net tons (NT) of steel in January (up 2.6 percent over December), including 2,285,000 net tons (NT) of finished steel (up 5.9).

Total steel imports in January were up 4.6 percent over the year-ago period; finished were up 2.5 percent over the year-ago.

Imported finished steel had an estimated market share in January of 27 percent.

Key finished steel products with significant import increases in January compared to December included reinforcing bars (up 54 percent); standard pipe (up 45 percent); cut lengths plates (up 31 percent); sheets and strip all other metallic coatings (up 19 percent); and oil country goods (up 10 percent).

In January, the largest volumes of finished steel imports were from South Korea (311,000 NT, up 15 percent from December); Turkey (306,000 NT, up 98 percent); Japan (136,000 NT, up 19 percent), Taiwan (110,000 NT, down 25 percent) and Vietnam (103,000 NT, up 80 percent).

 

 

Posted 2/27/2017

 
 
 
 

 

 

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